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containing all males and females born in Sweden between 1927 and 1950 and observe their retirement behavior during 1991-2012. The … effect towards later retirement through lower replacement levels, it also implied a lower price on leaving the labor market … measured by Social Security Wealth, defined at each hypothetical retirement age, and a variable measuring the implicit tax …
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normal retirement age (NRA) from 60 years to 65 years for private-sector male employees. The analysis, based on a difference …
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Typically economists arguing for flexible (or variable) retirement age, but they rely on steady state analysis. In this … paper we consider the replacement of a mandatory retirement system with a flexible one in real time. We show that even if … early retirement is duly punished, diminishing the effective retirement age by 1 year raises the first year's and the total …
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Background: The pension deficit has been rapidly enlarging for more than a decade. If the retirement age is set at a … old in last ten years, the feasibility of rising the retirement age has also been promoted. Methods: This paper aims to … construct a mathematical model for choosing a proper policy about raising retirement age on the basis of the interaction between …
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